318 Mediterranean DrCorpus ChristiTX78418
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Corpus Christi at 318 Mediterranean Dr, Corpus Christi, TX, 78418 priced at $434,900 pairs $3,035/mo rent with after a $2,129/mo payment. Total monthly income equals $3,035/mo. Return on cash invested is 18.9% in year one, and rental yield stands at 8.37% on a $434,900 basis. Equity gained on principal adds $2,806/yr, and 5% annual appreciation accumulates to $120,155 by year five. Five-year ROI measures 98.87% and total cumulative return in cash reaches $142,541. For financing, Ziffy Mortgage’s DSCR program evaluates $3,035/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78418, Corpus Christi, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,925 (100%) |
| Owner Occupied HU | 9,132 (54.0%) |
| Renter Occupied HU | 4,073 (24.1%) |
| Vacant Housing Units | 3,720 (22.0%) |
| Median Home Value | $357,827 |
| Average Home Value | $408,375 |
Housing Distribution
Address Breakdown
Residential
15,824
Single Family
13,764
Multi-Family
2,060
Businesses
633
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Listed by: N/A • N/A
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